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Jun 20, 2013
06/13
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FBC
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so-so revenues, but analyst called it a turn around in a sign maybe the global economy is turning ? >> i do not aee. i think when revenues drop, there are all sts of ways that customers as we've seen, that can impact the bottomine, by one, just being mere efficient. -- more efficientbut what a revenue dropsith a fedex or ups that is a sign of the economy not only flat lining but continui to slide down, that is why i think that we're going to be in trouble. yo know come next few months. ne: dave, topine thing begins top out, watc watch out. >> a gd news-bad news thing with them, revenueas up a little bit but not to exctations, and on thatront, i wld say, yeah that is not a good signal about the economy. not a big beats. neil: but. down a broad. -- abroad. >> it was down. neil: speaking of a quagme not getting any less qaagi e . >> you are right. >> here is the thing. using technology to drive costs out. the math they continue to do that that is a good sign because everything needs to do that. neil: l right, if at first you don't succeed find a better way to get them tpend, walmart al
so-so revenues, but analyst called it a turn around in a sign maybe the global economy is turning ? >> i do not aee. i think when revenues drop, there are all sts of ways that customers as we've seen, that can impact the bottomine, by one, just being mere efficient. -- more efficientbut what a revenue dropsith a fedex or ups that is a sign of the economy not only flat lining but continui to slide down, that is why i think that we're going to be in trouble. yo know come next few months....
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Jun 20, 2013
06/13
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CNBC
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the other emerging economies are essential flat. singapore has relatively honest statistics tissues like other developed countries and oh, emerging economies. >> you've been quoted as saying that you are personally buying gold as well as gold stocks. when you look at the selloff across the board, across asset classes including gold, does that make you question the performance of this particular asset class given the market environment? >> yes, correct. technically commodities look horrible. in particular, also industrial commodities, precious metals also look bad. but some technical factors would suggest that we are approaching at least an intermediate low because the commercials which are essentially hedgers, they are people that produce gold and so continuously hedge at the present time they have an extremely low short exposure. in other words, basically they're accumulating gold. secondly, gold is close to $1300 compared to, say, $700 in 2008, the conditions in the mining industry are horrible. the exploration companies are runni
the other emerging economies are essential flat. singapore has relatively honest statistics tissues like other developed countries and oh, emerging economies. >> you've been quoted as saying that you are personally buying gold as well as gold stocks. when you look at the selloff across the board, across asset classes including gold, does that make you question the performance of this particular asset class given the market environment? >> yes, correct. technically commodities look...
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Jun 20, 2013
06/13
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CNBC
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to help improve the economy. that's why democrats and republicans on capitol hill, and the president, need to deal with a fix our tax code to help promote more economic growth and deal with long-term spending problems. we have spent more money than what we brought in for 55 of the last 60 years. that ought to scare the hell out of every american. we need deal with this problem openly and honestly. because if we do, investors around the country, business owners will look up and good, gee, they are actually dealing with the issues that i'm most concerned about. then i'll begin to invest. >> but how likely is that over the next year? bernanke made it clear yesterday that if the data continues as it is, then they could be out of the bond buying business by next year this time. that bun year. will we see fiscal policy in terms of tax reform. in terms of regulatory clarity. will we see that in the next 12 months? >> hope springs eternal in my heart. while we have big differents on what tax reforms might look like, what
to help improve the economy. that's why democrats and republicans on capitol hill, and the president, need to deal with a fix our tax code to help promote more economic growth and deal with long-term spending problems. we have spent more money than what we brought in for 55 of the last 60 years. that ought to scare the hell out of every american. we need deal with this problem openly and honestly. because if we do, investors around the country, business owners will look up and good, gee, they...
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Jun 20, 2013
06/13
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KPIX
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captions by: caption colorado comments@captioncolorado.com >> ight, a brighter economy. the federal reserve raises its predictions for growth and jobs. anthony mason on the new outlook. the director of the f.b.i. surprised many today with a frank answer to this question: >> does the f.b.i. use drones for surveillance on u.s. soil? >> pelley: bob orr on the f.b.i.'s program. this is supposed to be the answer to america's biggest nuclear contamination problem, but it's billions over budget. carter evans investigates. and ken moreis' great-great- great grandfather is a giant of american history. jim axelrod on how a powerful legacy changed one man's man'sn. mission. >> frederic douglas said it's easier to build strong children than repair broken men. captioning sponsored by cbs >> pelley: good evening. it doesn't happen very often but it happened today-- the stock market plunged in reaction to good news. the news from the head of the federal reserve was that the economy is doing better. here's the part wall street did not like. ben bernanke said the economy is doing well en
captions by: caption colorado comments@captioncolorado.com >> ight, a brighter economy. the federal reserve raises its predictions for growth and jobs. anthony mason on the new outlook. the director of the f.b.i. surprised many today with a frank answer to this question: >> does the f.b.i. use drones for surveillance on u.s. soil? >> pelley: bob orr on the f.b.i.'s program. this is supposed to be the answer to america's biggest nuclear contamination problem, but it's billions...
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Jun 20, 2013
06/13
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FBC
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>> the economy is healing. we are seeing a very modest recovery that has lasted as long as most recoveries and potentially collapse along because it has been some modest. this shows a lot of basically capacity in the system and the fact is real-estate is recovering very late in the cycle which is unusual, it is usually the beginning of a cycle and that is one of the things that is helping to begin to turn to extend this recovery longer. dennis: peter schiff -- you have been telling us for years to buy gold and gold is down 27% or 30% from its recent highs, why is gold down today? why is it not a safe haven when stocks are plunging? >> people and making the mistake by selling their goal. doesn't only goal of. people doing the wrong thing, people are misinterpreting what is happening in the economy like your guest is. the economy is not recovering. it is in worse shape than it was before the fed began this crazy experiment. always manage to do with record amounts of stimulus is blow a little air back into a defla
>> the economy is healing. we are seeing a very modest recovery that has lasted as long as most recoveries and potentially collapse along because it has been some modest. this shows a lot of basically capacity in the system and the fact is real-estate is recovering very late in the cycle which is unusual, it is usually the beginning of a cycle and that is one of the things that is helping to begin to turn to extend this recovery longer. dennis: peter schiff -- you have been telling us for...
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Jun 20, 2013
06/13
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MSNBCW
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last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated to top $13 billion. the protests today around the stadium, this is brazil today a supposed day off from the protests. these have been incredibly dramatic. incredibly big protests. the main organizers say tomorrow is not the day off it will be the day to watch for when everybody should be expected to hit the streets. it's going to be a big news story tomorrow. watch it here. [ male announcer ] this is kevin. to prove to you that aleve is the better choice for him, he's agreed to give it up. that's today? [ male announcer ] we'll be with him all day as he goes
last year brazil became the sixth largest economy in the world. but income and equality is a huge issue. about one in five people live below the poverty line. demonstrators are protesting in part against billions of dollars being funneled not into education or health care or other basic needs for the population, but into big spectacular events. into stadiums and if a sill advertise being built for brazil to host the world cup and the summer olympics. the cost to host the world cup is estimated...
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Jun 20, 2013
06/13
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saying the plan will improve the economy. the good question this morning is what's stopping lawmakers in the house from passing bipartisan reform? we want to bring in our gaggle now. liz from the associated press. aei visiting fellow, from the national review, bloomberg views. and democratic strategist chris is here as well. let's start with immigration if we can very quickly. i want to get a sense from you off the bat. was it the -- >> i think there's no question that supporters are using it is cbo score to say this is a fiscally responsible piece legislation. the opponents are saying cbo says this is only a 25% reduction in illegal immigration. wasn't getting control of the borders the whole point of the exercise? >> is this getting enough votes and putting enough pressure on john boehner? what decision does he make? >> i'm not sure anyone has an answer. including john boehner. he's got a major problem in his caucus. this has been the narrative going on for years. the decision between those who realize that both politically
saying the plan will improve the economy. the good question this morning is what's stopping lawmakers in the house from passing bipartisan reform? we want to bring in our gaggle now. liz from the associated press. aei visiting fellow, from the national review, bloomberg views. and democratic strategist chris is here as well. let's start with immigration if we can very quickly. i want to get a sense from you off the bat. was it the -- >> i think there's no question that supporters are...
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Jun 20, 2013
06/13
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MSNBCW
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archie bunker and also coming in michael jackson and as the century moved to its conclusion with the economy booming, it was madonna, the material girl, and then bruce springsteen, and in the easterly le 21st century, this century of ours in the aftermath of 9/11, it was all about trying to hold things together, especially our families and our american eye korn became husband, a father, a guy from jersey, a crime boss. his name, tony soprano. james lipton is the host of bra bravo's inside the actors study and paul farry is with "the washington post." i want to start with about tony soprano and jam gandolfini's portrayal. he was just a guy trying to hold a family together. an early first season episode he was on a car trip to visit prospective colleges with his daughter, meadow. soprano confronts him about his line of work. listen here, she does. >> are you in the mafia? >> am i in the what? >> whatever you want to call it? organized crime. >> that's total crap. who told you that? >> dad, i have lived in the house all my life. i have seen police come with warrants. i have seen you going out a
archie bunker and also coming in michael jackson and as the century moved to its conclusion with the economy booming, it was madonna, the material girl, and then bruce springsteen, and in the easterly le 21st century, this century of ours in the aftermath of 9/11, it was all about trying to hold things together, especially our families and our american eye korn became husband, a father, a guy from jersey, a crime boss. his name, tony soprano. james lipton is the host of bra bravo's inside the...
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Jun 20, 2013
06/13
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because they have a much more optimistic view of the economy. here's a chart to give you a flavor for what the economists are looking at, which is projected monthly job growth. now, we know the economy is still not doing everything we want, but over the past year private economists have gone from predicting something like 140,000 jobs a month over the coming year and now predicting something like 187,000 jobs a month. >> that would be great. it's still below where we want to be. but the new normal is 130 to 140. if the new normal changes to 180, maybe week get over that. the 200,000 mark is what economists say time and time again if you want to keep things going in the right direction. you have to create at least 200,000 jobs. >> it feels like that number keeps going up. it used to keep trading water but now it moved up to 200,000. >> this is not great. we'll have high unemployment for another six to seven years, but the point is the outlook is getting better with the fed making projections yesterday. so bernanke is talking about reducing the bo
because they have a much more optimistic view of the economy. here's a chart to give you a flavor for what the economists are looking at, which is projected monthly job growth. now, we know the economy is still not doing everything we want, but over the past year private economists have gone from predicting something like 140,000 jobs a month over the coming year and now predicting something like 187,000 jobs a month. >> that would be great. it's still below where we want to be. but the...